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OriginOil Signs Cooperative Agreement With Idaho National Laboratory for Algae to Oil Technology Development

– Multi-Phase Program Will Focus on Validation and Commercial Scaling of OriginOil’s Algae-to-Oil Technology –

OriginOil, Inc. http://www.originoil.com/ , the developer of a breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, announced that it has signed a Cooperative Agreement with The United States Department of Energy’s Idaho National Laboratory (INL) http://www.inl.gov .

The multi-phase research program will focus on validation and commercial scaling of the company’s technology in the production of algae-based fuels by utilizing the state-of-the-art equipment, capabilities, scientists and engineers of the INL. The initial phase, which starts immediately, will focus on the collaborative development of an energy balance model for photobioreactor-based algae systems. OriginOil expects to use this model in the optimization of its algae-to-oil technology as early as the 1st Quarter of 2009. Subsequent phases will center on validation of the OriginOil processes and piloting specific commercial applications.

Full Story: http://www.originoil.com/company-news/originoil-signs-cooperative-agreement-with-department-of-energy.html

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With more than 300 scientists and engineers, INL’s Energy, Environment Science & Technology Directorate integrates nuclear energy research and its unconventional application with other bio and fossil energy systems, advances renewable energy technologies and develops alternative energy sources and transportation fuels. With science and engineering capabilities in key areas, the Directorate provides talent to support research efforts in all energy systems and the support research and development needed for national and homeland security technologies. More information is available at http://www.inl.gov .

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